Pinnacle has been listed for just under a month and is already moving to recommence discussions with potential offtake partners for a DSO kaolin product from its Bobalong project in WA.

This is thanks to initial observations from the recently completed 41-hole auger drilling program that was designed to deliver a resource estimate for the Bill’s Middle target.

Assays are currently pending for the drilling.

The Bobalong kaolin project is also Pinnacle Minerals’ (ASX:PIM) most advanced project with a Scoping Study currently underway and preliminary design planning poised to begin.

Not bad at all for a company that has hit the ground running following a heavily oversubscribed $4.5m initial public offering.

Advanced projects

Bobalong consists of two granted exploration licences covering 116.61sqkm and is the company’s most advanced asset

Previous drilling at the Bill’s Middle and Tambellup East targets has shown that the kaolin found in the project has exceptional quality of 38.3% Ai2O3 and 45.9% SiO2 with high whiteness and high brightness of between 80% and 85%.

The kaolin also has a small particle size, high opacity and low impurities, all of which are indicators of a potential high-value product suitable for direct shipping ore export via the port of Albany about 133km to the south.

Kaolin samples have already been tested at Intertek Genalysis in Australia and Wuhan University of Technology in China while plans are afoot to provide a bulk sample from the Project for product testing at both laboratories.

Initial indications suggest that Bill’s Middle kaolin may be amenable to calcination, which produces a high-value form of kaolin called metakaolin that has the potential to replace some of the cement used in concrete while making it stronger and lighter.

Work is also underway to determine if the silica component of Bobalong ore can be extracted into a quality silica product.

The nearby Holly project covers 268sqkm and includes historical drilling by CRA in 1995 that identified kaolin over a 10km by 4km area with depths of up to 35m.

Targeted drilling is planned upon completion of land access agreements.

Meanwhile, the company’s White Knight and Camel Lake projects in South Australia are both early stage plans that are adjacent to Andromeda Metals’ (ASX:ADN) high-grade kaolin-halloysite discoveries.

Both projects have an exploration history with extensive recorded kaolin that was never followed-up.

 

 

 

This article was developed in collaboration with Pinnacle Minerals, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.